Britain’s FTSE 100 rose to another record high on Friday as strong earnings from U.S. tech giants buoyed investor sentiment, while cybersecurity firm Darktrace rallied following a buyout deal by private equity firm Thoma Bravo.
The blue-chip FTSE 100 .FTSE was up 0.4%, hitting a record for a fourth consecutive session. The index is set for its biggest weekly gain in more than seven months.
“The combination of recovering earnings and reasonable prices continue to make things look quite attractive for the UK market,” said Chris Beauchamp, chief market analyst at IG Group.
Fidelity Special Values PLC (LON:FSV) aims to seek out underappreciated companies primarily listed in the UK and is an actively managed contrarian Investment Trust that thrives on volatility and uncertainty.
